Risk

Paribus. The Benefits of Collaboration.

After discovering we were victims of an exploit, we’ve decided to share our plans to open-source our code and make it accessible to external developers. Our aims in so doing are simple; through leveraging a wider pool of minds, we will be better positioned to avoid potential faults and bugs that may arise in the future. Open-sourcing code has become increasingly popular in recent years, with many companies and organizations embracing these principles as a way to enhance innovation, reduce costs, and improve transparency. It involves allowing the public to

Paribus. The Fragility of Finance.

Despite a lot of turbulence in the markets this week the Federal Open Market Committee (FOMC) did exactly what was predicted. Jerome Powell carefully adjusted his language and reframed the narrative around his 25 basis point rate hike to try and calm the markets he had helped to damage. His forward guidance was only to expect further rate increases if inflation spirals out of control. He avoided taking any responsibility for the recent bank failures, claiming instead that the sector was stable and robust. In reality, the global financial system

Spool deploys on Arbitrum One to expand simplified, risk-managed DeFi access for over 2.4 million unique addresses

[vc_row][vc_column][vc_column_text] As Spool deploys on its first layer-2 blockchain, users on Arbitrum One can now build auto-rebalancing and auto-compounding DeFi portfolios with unparalleled customization, risk management, and diversification. [/vc_column_text][vc_images_carousel images="1806933,1806934,1806935,1806936,1806937" img_size="full" hide_prev_next_buttons="yes"][vc_column_text]February 2023— Spool, the DAO platform allowing institutions and users to build seamlessly customizable, risk-managed DeFi yield portfolios, launches on Arbitrum One, its first alternative blockchain to Ethereum mainnet. As the leading layer-2 blockchain in total value locked (TVL), the Arbitrum One integration brings Spool’s Smart Vault creation tool and six strategies to the network’s user ecosystem, which boasts

Illumishare launches presale of its $SRG token, backed by 24/7 live-streamed gold in Abu-Dhabi

[vc_row][vc_column][vc_column_text] Illumishare has partnered with The Private Office of His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan from the Abu Dhabi Royal Family and is commercially licensed by the Abu-Dhabi authorities [/vc_column_text][vc_images_carousel images="1786951,1786950,1786949" img_size="large"][vc_column_text] Dubai, UAE, November 2022 – Illumishare, a blockchain-based digital asset management ecosystem, announces the official presale of its Abu-Dhabi-licensed $SRG token, which will begin after its unveiling event in Dubai on November 22. The token is backed by 3 uncorrelated assets including gold, stored in a safe room at a bank in Abu-Dhabi and broadcast

Digital Nigeria 2022: NITDA Director General tasks Tech Innovators with Problem Solving

Kashifu Inuwa challenges entrpreneurs to identify then solve problems, during Day 3 of the Digital Nigeria 2022 International Conference ABUJA, NG, Oct 31, 2022 - (ACN Newswire) - The Director General, National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE has challenged Nigerian tech innovators and entrepreneurs to identify problems bedeviling the nation with the view to proffering solutions because the government has provided a level playing field for them to achieve just that. NITDA Director General and conference host Kashifu Inuwa, CCIE, challenged Nigerian tech innovators and entrepreneurs to

Too Big to Fail?

Several weeks ago we covered Credit Suisse in some of our articles about risk management and regulations. This week they’ve been in the news again for all the wrong reasons, which may have an impact on the crypto market. Once the darling of Wall Street, Credit Suisse is rapidly turning into its nemesis. Following several multi-million dollar fines, they’ve lurched from one scandal to another. In September 2021 the UK’s Financial Conduct Authority issued a statement saying, “The Financial Conduct Authority has fined Credit Suisse over £147 million for serious

3 Popular Betting Styles in Real Scenarios

The rapid evolution of online betting sites is second only to what is known. There are several betting strategies employed in the market today. To be a successful bettor, you need to understand how betting works today. Also, according to the bookmaker, he's an on-line raffle, so he should try to incorporate a betting system to attract more bettors and keep them happy. over/under bet Gamblers can predict the number of red cards, yellow cards, throw-ins and offsides, thus expanding the prediction of over and under bets. However, some bookmakers

Apex Legends Devs are Not Going to Nerf the Kraber in Season 11

Apex LegendsDespite the desires of the playerbase, Apex Legends developers are not interested in nerfing the Kraber this season. / Respawn EntertainmentDespite the desires of the playerbase, Apex Legends developers are not interested in nerfing the Kraber this season.The Kraber has long since been known as one of the most—if not the utmost—powerful weapon in Apex Legends. It's best known for its ability to one-shot pretty much any player, making it highly sought after and particularly controversial within the game's community. Fans have spent quite a bit of energy attempting

N’Golo Kante FIFA 22: How to Complete the Flashback SBC

FIFABy Max Mallow | 1:13 PM EDTPhoto by FUTWIZN'Golo Kante FIFA 22 Flashback SBC went live Oct. 28 after numerous leaks made the rounds on social media.Some new fans might be confused at why Kante's Flashback SBC is lower rated than his gold card. That's because this is a Flashback Era SBC. EA Sports introduced this special Flashback type last year celebrating notable players and flashing back to a previous time in their careers. One of the most popular cards released last year was Flashback Cristiano Ronaldo giving players a

Here’s every MTG Innistrad: Crimson Vow spoiler from the preview stream

Wizards of the Coast revealed a number of new Magic: The Gathering cards within the upcoming Innistrad: Crimson Vow set today that will release in November.  MTG spoilers revealed in the preview stream by WotC for Innistrad: Crimson Vow (VOW)—scheduled to globally launch on Nov. 19 and digitally on Nov. 11—ranged from legendary creatures and planeswalkers to vampires and humans with new mechanics. Olivia Voldaren’s wedding to Edgar Markov is the main focus of the story, with Sorin joining up with the Gatewatch to prevent it from happening.   Double-Faced vampires